Federal Reserve Transparency Act of 2025 has not moved since its introduction on Jan 3, 2025, with cosponsors, all Republicans
Written by the Congressional Research Service [2]. 93 words.
Federal Reserve Transparency Act of 2025 This bill directs the Government Accountability Office (GAO) to complete, within 12 months, an audit of the Federal Reserve Board and Federal Reserve banks. In addition, the bill allows the GAO to audit the Federal Reserve Board and Federal Reserve banks with respect to (1) international financial transactions; (2) deliberations, decisions, or actions on monetary policy matters; (3) transactions made under the direction of the Federal Open Market Committee; and (4) discussions or communications among Federal Reserve officers, board members, and employees regarding any of these matters.
- Committees
- House Oversight and Government Reform Committee
- Policy area
- Finance and Financial Sector: 53 of 3,256 bills became law, 113th–118th (1.6%)
- Sponsor
- 0 of 87 bills enacted since 2013
- Text versions
- 1: introduced in house · 499 words
- Subjects
- Accounting and auditingBank accounts, deposits, capitalCongressional oversightFederal Reserve SystemGovernment studies and investigations
- Latest action
- Jan 3, 2025: Referred to the House Committee on Oversight and Government Reform.
- Records
- Congress.gov · Bill text
Each bill appears once, under its strongest link. 1 in all.
Related, per CRS or House · 1
- 119th S. 2327 Federal Reserve Transparency Act of 2025 R · Introduced